MasterCard’s global hackathon will hold its grand finale in San Francisco on December 4 and 5. The Masters of Code competition will include the winning teams from each of the 12 regional events.
Companhia Brasileira De Servicos De Marketing, operator of Brazil’s dotz loyalty program, in which Alliance Data System’s LoyaltyOne holds a sizeable equity stake, has expanded into the metropolitan area of Rio de Janeiro, with a population of 6.3 million and the second-largest city in Brazil.
Mutual of Omaha Bank’s Merchant Services division is collaborating with Omaha based payments technology company, TruBeacon to provide solutions for middle market sized merchants throughout the USA.
Europe’s Wincor Nixdorf is gearing up for more expansive Software business in Brazil. At the same time, it plans to work in cooperation with Perto in the Hardware sector. On the basis of an agreement recently concluded between both parties, the Brazilian company will take on the task of final production of Wincor Nixdorf systems for customers in Brazil.
NCR’s Aloha Table service point-of-sale (POS) software has landed another world famous restaurant chain. Jamie’s Italian has opted to use POS system in its first site in São Paulo. The global chain is also using NCR Pulse Real Time to manage its newest facility.
Visa’s CyberSource unit racked up more than 2.19 billion transactions in the fourth quarter, up 16%, but continues to slow year-on-year.
Experian announced the release of its second annual Data Breach Industry Forecast, a white paper outlining key issues and trends to watch for in 2015.
Visa’s CyberSource unit racked up more than 1.9 billion transactions in the third quarter but continues to slow year-on-year. The decelerating CyberSource transaction growth is among the factors in a drag on Visa’s stock.
Amsterdam-based Adyen has nabbed a former Ingenico top executive to head its POS business. Jean-Marc Thienpont will serve as Managing Director, Point-of-Sale Solutions, in a newly created Adyen role.
Visa’s CyberSource unit racked up 1.9 billion transactions in the second quarter but it is slowing. The decelerating CyberSource transaction growth is one of the factors in a downgrade on Visa’s stock.
First Data has dramatically expanded its presence in Brazil with the launch of Bin acquiring solution. It has already begun its operations with MasterCard for credit, debit and installment payments, anticipation of credit receivables and other services. The Bin launch is the result of the operational agreement announced last January between First Data Brazil and Bancoob, the banking arm of Sicoob, the largest credit union cooperative system in the country. As part of this agreement, Bancoob is the formal acquirer that is responsible for provisioning the card scheme licenses and managing settlement of payments to merchants. Merchants will benefit from information-rich statements, an easy-to-use portal, a simplified financial reconciliation process and robust fraud monitoring. In addition to providing standard POS terminal options for capturing electronic payments, the Bin solution also features transaction capture via EFT, POSEFT and e-commerce.
JCB continues its push into Europe with a major Adyen deal. Adyen holds full acquiring licenses for Visa, MasterCard, American Express, Diners, Discover and Union Pay schemes enabling its platform to process payments from any sales channels including online, mobile, and point-of-sale (POS).